Comments on: Cometh the hour: Paul Krugman’s Nobel http://clubtroppo.com.au/2008/10/14/cometh-the-hour-paul-krugmans-nobel/ Fearlessly dispensing political, legal and economic analysis (and some whimsy) since 2002 Fri, 25 May 2012 12:44:29 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Nicholas Gruen http://clubtroppo.com.au/2008/10/14/cometh-the-hour-paul-krugmans-nobel/#comment-465574 Nicholas Gruen Sat, 18 Feb 2012 07:04:05 +0000 http://clubtroppo.com.au/?p=6104#comment-465574 Re-reading this, I recall writing it that I was thinking that the third point should have encompassed more than financial crisis, because I remember reading a great article of Krugman's on whether the Euro was a good idea - in which he pointed out what is now obvious - that Europe isn't a natural currency union. Point three should have been more general - and referenced his writing in international macro. Re-reading this, I recall writing it that I was thinking that the third point should have encompassed more than financial crisis, because I remember reading a great article of Krugman’s on whether the Euro was a good idea – in which he pointed out what is now obvious – that Europe isn’t a natural currency union. Point three should have been more general – and referenced his writing in international macro.

]]> By: Real journalism - sw'as http://clubtroppo.com.au/2008/10/14/cometh-the-hour-paul-krugmans-nobel/#comment-357919 Real journalism - sw'as Thu, 21 May 2009 04:10:53 +0000 http://clubtroppo.com.au/?p=6104#comment-357919 [...] pages.)) or focusing on the spin - not the story.Then I clicked over to Club Troppo to read about Paul Krugman's Nobel Prize. It seems as though real journalism does still exist. I'm very happy that people like Krugman [...] [...] pages.)) or focusing on the spin – not the story.Then I clicked over to Club Troppo to read about Paul Krugman’s Nobel Prize. It seems as though real journalism does still exist. I’m very happy that people like Krugman [...]

]]> By: Real journalism at sw’as http://clubtroppo.com.au/2008/10/14/cometh-the-hour-paul-krugmans-nobel/#comment-324057 Real journalism at sw’as Tue, 14 Oct 2008 09:13:47 +0000 http://clubtroppo.com.au/?p=6104#comment-324057 [...] I clicked over to Club Troppo to read about Paul Krugman’s Nobel Prize. It seems as though real journalism does still exist. I’m very happy that people like Krugman [...] [...] I clicked over to Club Troppo to read about Paul Krugman’s Nobel Prize. It seems as though real journalism does still exist. I’m very happy that people like Krugman [...]

]]> By: SJ http://clubtroppo.com.au/2008/10/14/cometh-the-hour-paul-krugmans-nobel/#comment-324054 SJ Tue, 14 Oct 2008 06:49:37 +0000 http://clubtroppo.com.au/?p=6104#comment-324054 A well deserved honour. The wingnuts didn't seem very pleased, though. A well deserved honour. The wingnuts didn’t seem very pleased, though.

]]> By: Nicholas Gruen http://clubtroppo.com.au/2008/10/14/cometh-the-hour-paul-krugmans-nobel/#comment-324052 Nicholas Gruen Tue, 14 Oct 2008 05:07:41 +0000 http://clubtroppo.com.au/?p=6104#comment-324052 Yes, I agree with both your major points James. Indeed most of them occurred to me and got to the stage of vague intentions as I wrote the piece, but given the limitations on space and time, didn't find their way into the piece. Had I had the chance to run it past you - as I often do with the AFR columns, I might have done a better job. Yes, I agree with both your major points James. Indeed most of them occurred to me and got to the stage of vague intentions as I wrote the piece, but given the limitations on space and time, didn’t find their way into the piece. Had I had the chance to run it past you – as I often do with the AFR columns, I might have done a better job.

]]> By: James Farrell http://clubtroppo.com.au/2008/10/14/cometh-the-hour-paul-krugmans-nobel/#comment-324015 James Farrell Tue, 14 Oct 2008 04:23:44 +0000 http://clubtroppo.com.au/?p=6104#comment-324015 Great work, Nicholas. Under Point 4, you could perhaps have been a bit more specific about the nature of PK's popular interventions. I refer in particular to his critique of 'policy entrepreneurs'. That fact that just as many of his targets were people like Lester Thurow from the putative left as from the right, laid the foundation for his reputation as an even-handed critic who rests his case on basic economic logic and facts. Having made that investment, he has reaped huge dividends as a critic of the Bush Administrative without having tp resort to phoney even-handedness (his bugbear and yours) in order to retain credibilty. In terms of their contribution to popular writing, I'm not sure that a comparison with Keynes is feasible. Krugman has the benefit of vastly more time and resources for that stuff, as well as a much more codified body of theory to draw upon. On the other hand, Keynes was a dazzling stylist, which Krugman, though a clear expositor and occasionally an entertaining polemicist, is not Great work, Nicholas. Under Point 4, you could perhaps have been a bit more specific about the nature of PK’s popular interventions. I refer in particular to his critique of ‘policy entrepreneurs’. That fact that just as many of his targets were people like Lester Thurow from the putative left as from the right, laid the foundation for his reputation as an even-handed critic who rests his case on basic economic logic and facts. Having made that investment, he has reaped huge dividends as a critic of the Bush Administrative without having tp resort to phoney even-handedness (his bugbear and yours) in order to retain credibilty.

In terms of their contribution to popular writing, I’m not sure that a comparison with Keynes is feasible. Krugman has the benefit of vastly more time and resources for that stuff, as well as a much more codified body of theory to draw upon. On the other hand, Keynes was a dazzling stylist, which Krugman, though a clear expositor and occasionally an entertaining polemicist, is not

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